Bitcoin Forum

What do you think of USI Techcoin ICO,

'The official TECHCOIN initial coin offering whitepaper will be released as soon as the first 500,000,000 million coins are accounted for then they will release details regarding use cases and unique coin features. This is also when they will issue another 500M coins available for public sale and trading."


Do we know what are tokens for? 1 billion in total



https://www.usitech-int.com/

https://www.facebook.com/USI-TECH-International-2068675943361885/

https://bitcoinexchangeguide.com/usi-tech-coin-ico/

"...offering whitepaper will be released as soon as the first 500,000,000 million coins are accounted.." ??? Sounds strangely, you're right

Them having to reach that coin limit makes me very skeptical

so waiting for answer

It's scam. They promise 12-16% per day as interest

12-16% a day? Where did you find that info

 TechCoin?

Yet another ponzi,propably we will hear soon about Das Coin,ponzi scheme created by OneCoin founders
Thay have kind of pseudo luxury offline meetings supported by celebrities his entry certification cost from
100euro to 25000 euro,all that money for piece of paper and some coins without blockchain even

I'd like to know where they found that too, because that's the first I've heard of such a thing and I'm a client of USI-Tech. At NO stage have they made such a claim, nor would they.
I can only assume they are confusing TechCoin or something else with USI-Tech's coin offering (UTC).

Whatever they are referring to isn't USI-Tech. They are clearly confusing it with something else. I noticed there is a "TechCoin" (TECH) which may cause some confusion given the references to the "USI Tech coin" (UTC). USI, however, have never made such a ludicrous income claim, nor would they. They already have a well developed business and client base providing realistic earnings, and have built their company to the point of being able to launch new products.

The first 500 million coins are offered to existing clients before they will release the rest to the public.

I made a fair and unbiased video, including the shady past of some of the founders here. (https://www.youtube.com/watch?v=6LcH8qX7Xfs&t=2s)

This not only sounds strange, but fishy and scammy.
I'm never investing in project like this - give us the money and we will eventually tell you what will we do.

Just skip it. They are 99% scammers.

most likley not a scam .  . similar to bitconnect but a lot better platform . 

i think its a scam even they last a year or months in the end they will run they to many good investment that turn to scam like ethtrade.

Question is is such a biz model sustainable and how long can it last?

They have 12 level commission down line


They sell coins but we dont have any idea what they are for.


Everyone claims USI is a big company, where can I find how many employees and offices they have they have?

from what I researched their Dubai address is bogus,  not even registered as a company

the way they are going it will be sustainable for a long time . few years atleast

There is no email or information out there promising 12-16% return so that bogus, also they are registered in Dubai but not the Dubai database but the registration is umbrellaed so to speak under the Dubai database. Also it's hard to fool the FTC and I doubt they would purger themselves on the USI website saying that they are FTC compliant. Lastly a Chicago based Law Firm wouldn't legally write  they represent USI-Tech. There are registered so let me provide proof and kill this whole thread. I would post the pictures but I don't how to do that on this site so here's my email
acryptomoneta@gmail.com

I should remark I have a picture of the registration certificate with the registered ICC number people may have used to look to see if USI Tech was registered in Dubai

Why no whitepaper? they need quota before they release the whitepaper,another scam ICO.

I believe that to determine a company with a promising ICO,
it is necessary to answer the main question: "Is it useful for people?"

I think in advance to blame someone for cheating is not correct,
the more that this dirty technology is now often used not by bona fide competitors

http://www.mycryptomc.com/08brandon26/ico-inside.html

Brief description of USI Tech Coin

https://youtu.be/k0SZg77T5BM
If the company was a scam how are they able to do this? It's funny how people call scam when they haven't been scammed by the company lol. Oh to answer the question, the white paper hasn't been released because the coins aren't readily available to the public yet. Instead of bashing here I'll show you documents of legitimacy if you email acryptomoneta@gmail.com

I'm suspicious of this coin
Team thinking

Honestly every ICO is  right? Even when they become cryptocurrency in an exchange. Even cryptocurrency itself because you still wonder if this is the future of currency. But I believe in USI and their vision. Why? Because they are an innovative company, consistently changing their products (from Forex to mining to Bitcoin to ICO) and they last a good while because as a company you can't be stagnant selling one product thinking it'll last forever.

innovative??

Building ponzi on top of ponzi, after 12 months they will come up with another innovation to buy them more time


All USI key staff  have history of running scams and swindling people

ITs just another extension of their huge ponzi platform.  They also have a magical free energy box.   Im not even kidding.  These guys are selling unicorns.  STAY AWAY!!!

Dickie D.

With professional slick marketing to boot!!!!

https://3.bp.blogspot.com/-hcsIYtB9CnY/WhN2qU2_n5I/AAAAAAAAEDg/483tu3-pz1oPNPt6HZ248A4cWqe0HZkuwCLcBGAs/s1600/USI%2BTECH.jpg

If you're a client of USI-TECH then you know its a ponzi.

Dickie D.

SHOW US THE PICTURE!!!!!!!

without a white paper is difficult to say. I advise you not to invest in projects that cause doubt

Looks like scam to me

I totally support this viewpoint. Naturally I understand those ones who once met scammers, invested into the wrong project and lost much money. By the way here is the video you might enjoy

https://www.youtube.com/watch?v=bR6VI9nX5Es

I just dont understand how such a "revolutionary" company cant even do standard press releases???  Serious why does all the news come from seedy backroom offices???  If they already have million and the usi-tech bitcoin packages work so damn well and they have a magic unicorn-poo-powered electric box.....   This still stinks.  The company could prove all the naysayers wrong so easily.  Shit, if they are paying thousands of recruiters to get people into this, then maybe just being straightforward, transparent and honest would be the best way to get people involved.  But nah, MLM style recruitment and seedy back office news leaks????    Find a video that explains all that.  Preferably one from someone whos actually in charge.  Or even a real press release.

FYI the "verified" money going in and out on this company is recruitment fees which screams ponzi. 

It sure would be nice.

Dickie D.

Also these were good reads.  Eye openers

http://www.superseoconsulting.com/usitech-bitcoin-investment-detailed-honest-review/ (http://www.superseoconsulting.com/usitech-bitcoin-investment-detailed-honest-review/)
http://www.kuam.com/story/36936956/usi-tech-might-not-be-the-best-way-to-get-involved-in-the-expanding-crypto-currency-and-bitcoin-markets (http://www.kuam.com/story/36936956/usi-tech-might-not-be-the-best-way-to-get-involved-in-the-expanding-crypto-currency-and-bitcoin-markets)



Dickie D.

Its also really funny how so many "honest reviews" are actually just affiliates trying to sign you up.  It really shows a lakc of honest and its pretty insulting to think people are that dumb to just sign up.  Maybe people are.

Dickie D.

FYI

I have been following this company since april.  I have 2 (gullible) friends who are in it.  So I follow it jsut for the purpose of throwing back in their face when it fails.  I didnt say they were good friends.  The only proof they have when I ask is the usi-app.  That shows their account ever increasing.  MY one friend says he might retire this summer lol.  But he also does pretty much every mlm he can find.  The coffee, ipronetwork, divvee, the other coffee.  Hes pretty easily convinced when you wave fake giant returns in his face.  I just hope his family doesnt end up on the street.

Dickie D.

For me, I would say its really going to be hard determining a project like this is either scam or not but larger percentage of my understanding will be tilted towards the negative direction because for a project that jabs not announced anything on what they are basing their decision on as to what represents their motivation, they are talking about releasing 500 million coins before that can be done. Then they talk about 1 billion coins, that is another level of joke that just throw up in looking at the message up there.

Any sheep/cheerleaders who feel USI-Tech isnt a scam.... READ

https://www.businessforhome.org/2017/11/randy-gage-speaks-out-against-cryptocurrency-network-marketing-companies/ (https://www.businessforhome.org/2017/11/randy-gage-speaks-out-against-cryptocurrency-network-marketing-companies/)

Its common sense really.

Dickie D.

LOL

http://behindmlm.com/companies/usi-tech/genesis-mining-denies-usi-tech-partnership-omnia-tech-cd/

Total Tokens Sold

61,184,300




How many tokens they plan to sell, 500m or 1b?

500 million total sold AND THEN relase the whitepaper..... scam.

Dickie D.

Thank you for sharing this, Dickie.

That coin is something that will scam the guys that invest in it when they have enough money to run away with.

TechCoin already exists, and it's not another goddamn token, it's a real blockchain. They might want to change their name.

USI Tech ist ein Betrug!

Zahlreiche User sind geschädigt und formatieren sich derzeit zu einer Gemeinschaft, um ihren Schaden geltend zu machen und einzufordern.

Geschädigte können ihre Forderungen mit Nachweis an folgende eMail Adresse schicken:

claimsmanagement1@yahoo.com

Macht Euer Recht geltend und bewahrt andere von Schäden.